Godaddy Common Stock vs Net Working Capital Analysis

GDDY Stock  USD 135.70  0.69  0.51%   
Godaddy financial indicator trend analysis is much more than just examining Godaddy latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Godaddy is a good investment. Please check the relationship between Godaddy Common Stock and its Net Working Capital accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.

Common Stock vs Net Working Capital

Common Stock vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Godaddy Common Stock account and Net Working Capital. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Godaddy's Common Stock and Net Working Capital is 0.15. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Godaddy, assuming nothing else is changed. The correlation between historical values of Godaddy's Common Stock and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Godaddy are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Common Stock i.e., Godaddy's Common Stock and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.15
Relationship DirectionPositive 
Relationship StrengthInsignificant

Common Stock

Net Working Capital

Most indicators from Godaddy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Godaddy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.At this time, Godaddy's Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to rise to 36.39 in 2024, whereas Selling General Administrative is likely to drop slightly above 300.2 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense126M146.3M267.5M280.9M
Depreciation And Amortization196.8M217.9M171.3M191.9M

Godaddy fundamental ratios Correlations

0.720.670.740.63-0.180.610.590.59-0.260.390.620.730.890.620.550.740.30.680.130.240.240.660.320.650.5
0.720.970.920.99-0.710.760.980.89-0.590.770.840.990.760.840.871.00.510.990.020.530.310.990.570.940.79
0.670.970.860.97-0.790.680.970.96-0.720.760.750.970.80.750.880.980.590.990.030.540.470.990.50.880.76
0.740.920.860.92-0.640.820.870.76-0.380.590.810.910.650.820.710.930.30.90.140.360.050.910.50.870.71
0.630.990.970.92-0.790.760.990.89-0.620.790.810.980.690.820.870.980.520.990.010.540.30.990.580.920.79
-0.18-0.71-0.79-0.64-0.79-0.5-0.81-0.790.8-0.75-0.51-0.71-0.39-0.51-0.78-0.73-0.62-0.790.06-0.57-0.34-0.79-0.46-0.65-0.66
0.610.760.680.820.76-0.50.740.51-0.220.450.870.710.430.870.550.760.260.730.30.16-0.10.740.40.840.52
0.590.980.970.870.99-0.810.740.9-0.670.810.80.970.680.810.880.970.570.98-0.010.570.350.990.580.920.79
0.590.890.960.760.89-0.790.510.9-0.810.750.540.930.810.540.870.910.610.93-0.110.620.640.920.520.710.76
-0.26-0.59-0.72-0.38-0.620.8-0.22-0.67-0.81-0.81-0.24-0.64-0.58-0.24-0.86-0.61-0.63-0.670.43-0.8-0.78-0.65-0.59-0.43-0.74
0.390.770.760.590.79-0.750.450.810.75-0.810.530.780.530.540.930.760.610.77-0.450.890.410.780.80.680.89
0.620.840.750.810.81-0.510.870.80.54-0.240.530.750.51.00.620.820.330.80.350.17-0.090.80.290.970.51
0.730.990.970.910.98-0.710.710.970.93-0.640.780.750.790.760.880.990.50.98-0.070.590.380.980.610.870.83
0.890.760.80.650.69-0.390.430.680.81-0.580.530.50.790.510.70.790.530.770.020.410.60.740.320.620.56
0.620.840.750.820.82-0.510.870.810.54-0.240.541.00.760.510.630.820.330.80.340.18-0.090.810.310.970.53
0.550.870.880.710.87-0.780.550.880.87-0.860.930.620.880.70.630.860.520.88-0.360.830.520.880.760.760.94
0.741.00.980.930.98-0.730.760.970.91-0.610.760.820.990.790.820.860.540.990.050.520.330.990.540.920.78
0.30.510.590.30.52-0.620.260.570.61-0.630.610.330.50.530.330.520.540.570.150.360.440.560.10.490.28
0.680.990.990.90.99-0.790.730.980.93-0.670.770.80.980.770.80.880.990.570.050.530.381.00.520.910.77
0.130.020.030.140.010.060.3-0.01-0.110.43-0.450.35-0.070.020.34-0.360.050.150.05-0.79-0.370.03-0.740.23-0.55
0.240.530.540.360.54-0.570.160.570.62-0.80.890.170.590.410.180.830.520.360.53-0.790.520.540.90.340.89
0.240.310.470.050.3-0.34-0.10.350.64-0.780.41-0.090.380.6-0.090.520.330.440.38-0.370.520.350.290.090.38
0.660.990.990.910.99-0.790.740.990.92-0.650.780.80.980.740.810.880.990.561.00.030.540.350.540.920.78
0.320.570.50.50.58-0.460.40.580.52-0.590.80.290.610.320.310.760.540.10.52-0.740.90.290.540.40.92
0.650.940.880.870.92-0.650.840.920.71-0.430.680.970.870.620.970.760.920.490.910.230.340.090.920.40.64
0.50.790.760.710.79-0.660.520.790.76-0.740.890.510.830.560.530.940.780.280.77-0.550.890.380.780.920.64
Click cells to compare fundamentals

Godaddy Account Relationship Matchups

Godaddy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding181.7M168.6M171.1M161.5M151.5M150.2M
Total Assets6.3B6.4B7.4B7.0B7.6B5.8B
Short Long Term Debt Total2.6B3.3B4.0B3.9B3.9B2.6B
Other Current Liab366M527.6M437.3M356.7M413.1M328.9M
Total Current Liabilities2.0B2.3B2.4B2.5B2.7B1.9B
Total Stockholder Equity772M(12.9M)81.7M(331.8M)62.2M59.1M
Property Plant And Equipment Net455.2M399.3M329.2M309.7M246.1M307.7M
Current Deferred Revenue1.5B1.7B1.9B2.0B2.1B1.5B
Net Debt1.5B2.5B2.8B3.2B3.5B1.9B
Retained Earnings(153.5M)(1.2B)(1.5B)(2.4B)(2.3B)(2.2B)
Accounts Payable72.3M51M85.2M130.9M148.1M155.5M
Cash1.1B765.2M1.3B774M458.8M645.3M
Non Current Assets Total4.7B5.1B5.5B5.4B6.3B4.6B
Non Currrent Assets Other196.5M212.1M272.6M292.1M261.5M181.6M
Cash And Short Term Investments1.1B765.2M1.3B774M498.8M655.9M
Net Receivables30.2M41.8M63.6M60.1M76.6M80.4M
Good Will3.0B3.3B3.5B3.5B3.6B2.8B
Short Term Investments23.6M2M24.7M173M40M28.9M
Liabilities And Stockholders Equity6.3B6.4B7.4B7.0B7.6B5.8B
Non Current Liabilities Total3.5B4.1B4.9B4.8B4.8B3.4B
Inventory409.8M423.5M460.6M476.7M(127.2M)(120.8M)
Other Current Assets48.9M60.8M109.9M271.8M680.5M714.5M
Other Stockholder Equity1.0B1.3B1.6B1.9B2.3B1.3B
Total Liab5.5B6.4B7.3B7.3B7.5B5.3B
Property Plant And Equipment Gross455.2M399.3M220M225.6M811M851.6M
Total Current Assets1.6B1.3B1.9B1.6B1.3B1.2B
Accumulated Other Comprehensive Income(78.2M)(131M)(38.6M)178M111.2M116.8M
Short Term Debt18.4M24.3M24.1M18.2M47M49.4M
Intangible Assets1.1B1.3B1.4B1.3B1.2B1.2B
Other Liab948.3M873.7M896.3M913.6M1.1B865.3M
Other Assets196.5M212.1M272.6M251.6M289.3M223.0M
Long Term Debt2.4B3.1B3.9B3.8B3.8B2.6B
Property Plant Equipment258.6M257.3M329.2M225.6M259.4M278.1M
Net Tangible Assets(2.5B)(3.7B)(4.8B)555M499.5M524.5M
Deferred Long Term Liab100.9M92M181.4M56.2M50.6M48.1M
Short Long Term Debt18.4M24.3M24.1M18.2M17.9M16.4M
Noncontrolling Interest In Consolidated Entity10.1M1.1M1.5M2.5M2.3M2.1M
Retained Earnings Total Equity(153.5M)(1.2B)(1.5B)(2.4B)(2.2B)(2.1B)
Long Term Debt Total2.4B3.1B3.9B3.8B4.4B2.8B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Godaddy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Godaddy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Godaddy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Godaddy Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Godaddy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Godaddy's price analysis, check to measure Godaddy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.
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Is Godaddy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Godaddy. If investors know Godaddy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Godaddy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
8.2
Earnings Share
11.54
Revenue Per Share
29.757
Quarterly Revenue Growth
0.07
Return On Assets
0.061
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Godaddy's market value can be influenced by many factors that don't directly affect Godaddy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.